The DNC had about $16.3 million cash on hand versus about $18.5 million in debt through June 30, according to FEC records. The Republican National Committee, meanwhile, had more than $128.5 million cash on hand and no debt through June 30.

Uh…

If we’re not gonna force a neoliberal down America’s throats again, we don’t need the DNC to have a billion dollar war chest…

Asked for comment, a DNC official noted that they’ve raised more money to date than the party did over a similar period during President Donald Trump’s first term in office and have more donors who’ve given more than $100,000.

The difference is that the party has been willing to spend the money as fast — if not faster — than it is raising it.

Last fall, the DNC increased the amount it sends state parties. Blue states began receiving an additional $5,000 a month, for a total of $17,500, and red states got a boost of $10,000 a month, for a total of $22,500.

While some state party chairs voted against Martin in last year’s chair race, the investments have garnered him goodwill, particularly among DNC members in less competitive states where parties struggle to fundraise. State party chairs and their vice chairs make up roughly a quarter of the DNC’s membership and would be a key voting bloc in the event of a vote to try and oust Martin. (The chair also selects dozens of at-large DNC members and appoints members to key committees, further complicating a potential effort to oust him.)

Martin has defended his approach, which he argues will help Democrats win now and build sustainable infrastructure for future elections. The party’s low cash on hand is a result of the party investing early in organizing, technology and state parties, he’s said.

“That answer may be unsatisfying to people who believe the purpose of a political party is to accumulate the largest possible bank balance until the final days before an election,” Martin wrote in a recent Substack post. “But a party is not a savings account. Its purpose is to build power.”

https://www.cnn.com/2026/07/28/politics/ken-martin-democrats-dnc-party-debt

The current DNC not following the same roadmap we did in 2016, 2020, and 2024 is obviously a good thing.